MWV Expands Pharmaceutical Manufacturing Centre of Excellence

MWV Expands Pharmaceutical Manufacturing Centre of Excellence
Leading packaging company invests $7.5 million in German facility, driven by
the growth of Preservative-Free technology products
Business Wire
RICHMOND, Va. -- February 7, 2013
MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and
packaging solutions, announced today the expansion of its pharmaceutical
manufacturing Centre of Excellence, based in Hemer, Germany.
MWV's pharmaceutical manufacturing Centre of Excellence. (Photo: MeadWestvaco
Corporation)
MWV's pharmaceutical manufacturing Centre of Excellence. (Photo: MeadWestvaco
Corporation)
The Centre is the core for MWV’s global pharmaceutical dispensing systems
manufacturing network. The $7.5 million project includes expanding clean room
molding and assembly capacity and the introduction of a state of the art
logistics system to control the flow of finished goods and components. MWV is
making this investment in its Healthcare business based upon the business’s
rapid growth, especially in the Preservative-Free packaging market.
"This investment underlines MWV’s position as an innovation leader in
healthcare dispensing systems and our commitment to manufacturing high quality
products in the appropriate regulatory environment,” said Sven-Uwe Höhm, vice
president & general manager, Medical Plastics Division.
The current Centre of Excellence consists of clean rooms for precision
injection-molding and high-speed component assembly, R&D Facilities with fluid
dispensing, fluid atomization, design optimization and broad material
knowledge, and Project management support. The Centre includes further
Customer Service, Technical Laboratory and Regulatory teams. MWV’s healthcare
products are manufactured according to ISO 9001, Quality management System for
Medical Devices ISO13485, GMP ISO15378 and 93/42/EEC Annex 5 Medical Device
Directive standards.
The facility expansion will commence in early 2013 and is expected to finish
by the end of the year.
About MWV
MeadWestvaco Corporation (NYSE: MWV) is a global packaging company providing
innovative solutions to the world’s most admired brands in the healthcare,
beauty and personal care, food, beverage, home and garden, tobacco, and
agricultural industries. The company also produces specialty chemicals for the
automotive, energy, and infrastructure industries and maximizes the value of
its land holdings through forestry operations, property development and land
sales. MWV’s network of 125 facilities and 16,000 employees spans North
America, South America, Europe and Asia. The company has been recognized for
financial performance and environmental stewardship with a place on the Dow
Jones Sustainability World Index every year since 2005. Learn more at
www.mwv.com.
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Contact:
MeadWestvaco Corporation
Rachel Kaplan, + 1 804-444-7101
rachel.kaplan@mwv.com